When renting a property, it is important to have a written agreement in place to ensure both the landlord and tenant understand their responsibilities and expectations. Here is a sample agreement letter for rent that can serve as a guide when drafting your own rental agreement.
INSERT DATE
Dear [LANDLORD’S NAME],
I, [TENANT’S NAME], agree to rent [PROPERTY ADDRESS] from [START DATE] to [END DATE], for a total rent of [RENT AMOUNT] per month. This agreement is subject to the following terms and conditions:
1. Rent Payment: The tenant agrees to pay the rent on the first day of every month, without fail. If rent is not paid by the fifth day of the month, a late fee of [LATE FEE AMOUNT] will be charged.
2. Security Deposit: As a security deposit, the tenant agrees to pay [SECURITY DEPOSIT AMOUNT] upon signing this agreement. The security deposit will be returned upon termination of the lease, provided there is no damage to the property.
3. Use of Property: The tenant agrees to use the property only for residential purposes and not to engage in any illegal activities on the premises. Any damage caused by the tenant or their guests will be the responsibility of the tenant.
4. Maintenance and Repairs: The tenant agrees to maintain the property in good condition and to promptly report any necessary repairs to the landlord. Any repairs needed due to tenant negligence or misuse will be the responsibility of the tenant.
5. Utilities: The tenant is responsible for paying all utilities, including electricity, gas, water, and internet.
6. Termination: Either party may terminate this agreement with [NOTICE PERIOD, e.g. 30 days] written notice to the other party.
7. Subletting: The tenant may not sublet the property without prior written consent from the landlord.
8. Pets: Pets are not allowed on the property without prior written consent from the landlord.
9. Alterations: The tenant may not make any alterations to the property without prior written consent from the landlord.
10. Governing Law: This agreement is governed by the laws of the state of [STATE NAME].
Please sign below to indicate your agreement with the terms and conditions outlined in this rental agreement.
Sincerely,
[LANDLORD’S NAME]
[LANDLORD’S SIGNATURE]
[TENANT’S NAME]
[TENANT’S SIGNATURE]
This sample agreement letter for rent is intended as a guide. It is important to consult with a legal professional to ensure that your rental agreement complies with all relevant laws and regulations.